NU Online News Service, July 29, 2004, 5:42 p.m. EDT
The growing popularity of limited-benefit “mini medical” health plans contributed to higher second-quarter earnings at UICI, North Richland Hills, Texas.[@@]
The multiline insurer is reporting $42 million in net income for the latest quarter on $512 million in revenue, up from $6.8 million in net income on $431 million in revenue for the second quarter of 2003.